Dictionary of Economic Terms(English Press Release)

The Austrian Economics Center proudly announces the release of the “Dictionary of Economic Terms”. This easy-to-use, practical work of reference (German/English, English/German) is the first on the market that is entirely dedicated to delivering key economic terms in concise definitions and simple explanations.

The “Dictionary of Economic Terms” was written to assist those who need to acquaint themselves with the current economic and financial terms and concepts. As globalization has increased and the world has moved in the direction of free markets and private property, an increased need for a common understanding of the terms and concepts used in the global marketplace has developed.

The dictionary was developed by the Austrian Economics Center (AEC) in cooperation with the European Center for Economic Growth (ECEG). Additional expertise was contributed by the George Mason University as well as Pepperdine University. Furthermore, the Center for Freedom and Prosperity and the European Coalition for Economic Growth were involved in this project.